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News-Driven Market Keeps Going


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#1 redfoliage2

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Posted 05 November 2021 - 06:21 AM

Futures up on this:

https://www.cnn.com/...tter/index.html



#2 fib_1618

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Posted 05 November 2021 - 07:29 AM

Just to clarify…you believe that stocks have been rising for over a month now because Washington is about to pass these ridiculous spending bills OR they are NOT going to pass these same asinine spending bills??

 

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#3 redfoliage2

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Posted 05 November 2021 - 09:03 AM

You don't think so?  A typical move of  "Buy on the rumor and sell on the fact"......................


Edited by redfoliage2, 05 November 2021 - 09:12 AM.


#4 fib_1618

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Posted 05 November 2021 - 09:25 AM

You don't think so?  A typical move of  "Buy on the rumor and sell on the fact"......................


All I know is that the markets broke to the upside once Senators Manchin and Sinema said that the current bills were DOA in their current forms in early October. Nothing has changed since then, no less, the Marxist wing of the Democratic Party is the main reason why the Speaker has kept delaying the vote for over a month now in trying to bring these same folks around.

 

Fib


Better to ignore me than abhor me.

“Wise men don't need advice. Fools won't take it” - Benjamin Franklin

 

"Beware of false knowledge; it is more dangerous than ignorance" - George Bernard Shaw

 

Demagogue: A leader who makes use of popular prejudices, false claims and promises in order to gain power.

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#5 K Wave

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Posted 05 November 2021 - 10:12 AM

 

You don't think so?  A typical move of  "Buy on the rumor and sell on the fact"......................

All I know is that the markets broke to the upside once Senators Manchin and Sinema said that the current bills were DOA in their current forms in early October. Nothing has changed since then, no less, the Marxist wing of the Democratic Party is the main reason why the Speaker has kept delaying the vote for over a month now in trying to bring these same folks around.

 

Fib

 

They are destroying themselves....

 

Not only VA..and darn near in New Jersey

 

But, Seattle of all places voted in Republican City Attorney.

 

Folks are now beyond sick and tired of the of the "woke" lawlessness and racism now...

 

https://www.seattlet...-attorney-race/

 

And then this as well..probably the best story of the whole election

 

https://www.usatoday...ney/6283490001/



#6 redfoliage2

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Posted 05 November 2021 - 10:57 AM

The rally may continue into next week if the bills passed in the House and then sent to the Senate to vote next week .....................



#7 redfoliage2

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Posted 05 November 2021 - 01:18 PM

Even with some profit taking mid of the day the internals remain strong today.  So we may get a late Friday push-up as usual....................


Edited by redfoliage2, 05 November 2021 - 01:20 PM.


#8 redfoliage2

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Posted 05 November 2021 - 04:49 PM

Stock market pulled back in the afternoon as the House vote for the spending bill was delayed.  So the game is to go on next week ....................



#9 pdx5

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Posted 05 November 2021 - 07:36 PM

 

 

You don't think so?  A typical move of  "Buy on the rumor and sell on the fact"......................

All I know is that the markets broke to the upside once Senators Manchin and Sinema said that the current bills were DOA in their current forms in early October. Nothing has changed since then, no less, the Marxist wing of the Democratic Party is the main reason why the Speaker has kept delaying the vote for over a month now in trying to bring these same folks around.

 

Fib

 

They are destroying themselves....

 

Not only VA..and darn near in New Jersey

 

But, Seattle of all places voted in Republican City Attorney.

 

Folks are now beyond sick and tired of the of the "woke" lawlessness and racism now...

 

https://www.seattlet...-attorney-race/

 

And then this as well..probably the best story of the whole election

 

https://www.usatoday...ney/6283490001/

 

I agree 100%.
 


"Money cannot consistently be made trading every day or every week during the year." ~ Jesse Livermore Trading Rule

#10 redfoliage2

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Posted 06 November 2021 - 01:42 PM

The congress passed infrastructure bill late Friday - bullish for DJI. I see a pending rotation for next week from over bought NAZ stocks to DJI stocks

Edited by redfoliage2, 06 November 2021 - 01:47 PM.